Second big bank slashes home loan rate
Another big bank has slashed its two-year fixed home loan rate, but both are still being beaten by an online-only lender.
Westpac
From Westpac interest rates and credit cards to home loans, we have all the latest banking news.
Major bank’s incredibly low home loan rate
One of the nation’s major banks has slashed its fixed home loan rates and is now offering some of the most lucrative rates in the lending market.
Westpac slashes business loan rates
One of the country’s largest banks has slashed lending rates on business loan schemes implemented at the start of the coronavirus pandemic.
ASX dips on another epic news day
The ASX pulled back from its recent stellar run, with Westpac, Domino’s Pizza and Rio Tinto among the big results lobbing in on an epic earnings season day.
Big mistake we make with our money
Half of Australian savers believe the big banks are the safest place to keep their money, but they could be missing out on better interest rates.
Bank’s push to end ‘hidden epidemic’
One of the country’s largest banks plans to stamp out what’s been described as a ‘hidden epidemic’ from its online platforms.
‘Barely an ice cream’: Sad reality of cuts
Two of Australia’s major banks have dealt a blow to savers by further slashing rates on deposit accounts.
Aussies choose savings over love
Australians are prioritising saving for a house over a relationship, a new survey from one of the country’s major banks has found.
Big consequence of border closures
A leading economic indicator has revealed what effect the recent state border closures have had on the economic outlook for 2021.
Aussies’ Christmas plans revealed
A new report has found Australians have become more conscious about their spending but are seeking to support local businesses this Christmas.
Westpac’s pledge to shareholders
Australia’s second largest bank says it will do better in 2021 and pledges to pay its shareholders a proper dividend in the coming year.
‘Not good enough’: Watchdog’s swipe at Westpac
The banking regulator has told Australia’s second largest bank it must do more to offset failings that led to a money laundering scandal.
Black Friday: How not to get ripped off
Scammers are on the prowl to take advantage of Black Friday and Cyber Monday shoppers. Here’s how to best protect yourself.
Major banks cut rates to record lows
Three of Australia’s major banks have acted swiftly after the Reserve Bank slashed interest rates to a historic low on Tuesday.
‘Disappointing’: Westpac’s profits plunge
Westpac has blamed the economic downturn from COVID-19 and a money-laundering scandal for its “disappointing” financial results.
Fintech juggernaut’s next big move
A major buy now, pay later company has teamed up with a big four Australian bank to offer a new banking product that will be available next year.
New date tipped for interest rate cut
One of Australia’s major banks predicts the Reserve Bank won’t cut interest rates until the Federal Government hands down its budget.
‘Customer 12’ that cost Westpac $1.3bn
If it wasn’t for a single customer acting suspiciously in a branch, the lid may never have blown off a shocking scandal that has cost the bank dearly.
How Westpac facilitated child sex
Westpac has copped a staggering $1.3 billion fine for failing to stop transactions that funded child exploitation and terrorism.
Westpac tips budget day rate cut
Westpac believes the Reserve Bank is gearing itself for an interest-rate cut on the same day the Federal Government will deliver its budget.
House price to surge 15 per cent, bank says
One of Australia’s major banks believes house prices will surge by almost 15 per cent in late 2021 after a period of “distressed” sales.
Westpac appoints new executive
Westpac has chosen a South African with a strong background in fintech and digital banking as the new head of its retail banking division.
Clue to potential future rate cut
A subtle change in wording by the Reserve Bank could signal a rate cut is on the cards, one of Australia’s leading economists says.
Westpac delivers blow to savers
Westpac has taken the knife to savings rates on its deposit accounts in another financial blow to savers.
Key area where virus state lags behind
Victoria is not keeping up with the other states in this key area as lockdowns continue to choke the state’s economy, new figures reveal.
Bank vows to stamp out the hard sell
Westpac has made a big change to operations that it says will ensure customers won’t get saddled with products they don’t need.
![Nicky Healey, a nurse at a Boots pharmacy, displays a vial of CSL Ltd.'s Enzira seasonal flu vaccine in Holborn, London, U.K., on Thursday, Nov. 8, 2007. Seasonal flu strikes 5 percent to 15 percent of the population and kills 250,000 to 500,000 people a year worldwide, according to the World Health Organization. Photographer: Graham Barclay/Bloomberg News [HOLD FOR STORY -- EMBARGOED UNTIL CDC PRESS CONFERENCE ON FRI, NOV. 9 AT 5 PM ET]](https://content.api.news/v3/images/bin/32903a6bfb491c5f4fe269f68ac759f6?width=650)
Healthcare pushes share market higher
The Australian share market closed higher after strong gains among health stocks but banks were a drag, especially Westpac.
No dividend for Westpac shareholders
Westpac has refrained from issuing a dividend to its shareholders, warning COVID-19 is still causing significant downward pressure on the economy.
Aussie banks, ATMs disappearing
New figures reveal 2100 ATMs in Australia were removed between April and June, while the big four banks have shut 175 branches collectively.
Consumer confidence plunges on COVID-19 fears
The latest Westpac-Melbourne Institute Index of Consumer Sentiment shows pessimism has plunged due to fears more states than Victoria will suffer a second wave of COVID-19 cases.
Westpac bolsters protection against scams
Australia’s second largest bank has added new protection measure in it branches to curb scamming activity and fraud.
Grim forecast for virus state’s economy
Westpac believes stage four lockdowns in Melbourne will plunge the Victorian economy to levels below the initial lockdown in March.
Westpac moves 1000 jobs back to Australia
Westpac will bring 1000 jobs back to Australian shores after admitting its overseas operations have been “too slow” during the coronavirus pandemic.
Westpac: budget estimate too optimistic
Westpac’s chief economist says the federal government is being too optimistic about the budget blowout which is expected to occur from the COVID-19 pandemic.
$A to rise with improved Chinese economy
Westpac’s chief economist Bill Evans outlines why he believes the Australian dollar will continue to rise for the remainder of the year.
Aussie’s $24K ‘rip off’ car loan battle
Alannah Fox was forced to pay a whopping $24,864 in interest for a 2015 Hyundai. Now, she and many other Aussies are fighting back.
Lockdown fear haunts consumers
Consumer confidence has fallen, according to Westpac, as the economy faces a second lockdown due to COVID-19.
Westpac appoints new CFO
Westpac has appointed a new chief financial officer concluding a six month job search which was sparked by its AUSTRAC scandal.
Bank’s lucrative offer to first home buyers
An Aussie bank has dramatically dropped the amount first home buyers need to save for a home, helping them buy a property faster.
Budget deficit to blow out to $240bn, expert predicts
Westpac’s chief economist says the forecast blow out of the budget deficit will include an extension to JobKeeper and JobSeeker payments.
Big bank offers unbeatable interest rate
Westpac has announced a lucrative new offer in a bid to attract young customers who are struggling to buy their first home.
Original URL: https://www.news.com.au/topics/westpac/page/4